Spain to curb EU reliance on Russian gas Given the instability in Ukraine, Spain, France and Portugal plan a new pipeline through the Pyrenees that will boost supplies to almost 15 billion cubic metres of gas a year, reducing supplies from Russia to about 10% Shipped from overseas, liquefied natural gas (LNG) needs to be converted back into gas before it can be fed into pipeline LNG terminals: Spain’s seven terminals account for 38% of European capacity Gas pipelines Russia: State-controlled Gazprom delivered 163 bcm of natural gas to Europe in 2014 – 30% of Europe’s supply. Half of this flows through war-torn Ukraine SPAIN ALGERIA PORTUGAL FRANCE RUSSIA UKRAINE 1 2 3 1 2 3 Countries importing over 30% of Russian gas Other EU countries ------------- GAS SUPPLIES VIA SPAIN MidCat: Planned 190km pipeline could pump 7.2 bcm of gas a year Larrau: Main connection with France upgraded last year, increasing capacity of pipeline to 5.2 bcm Biriatou: New pipeline expected to pump another 2 bcm by 2016 Total possible: 14.4 bcm a year Spain buys all its gas from non-Russian sources ------------- IMPORTS OF GAS FROM RUSSIA Billion cubic metres, selected countries Germany Turkey Ukraine Italy Belarus Belgium Poland France 0 10 20 30 40 BP Statistical Review of World Energy 2014 Sources: Stratford, Sedigas, European Network of Transmission System Operators for Gas